Toyota PH, PSBank offer hybrid models at lower rate

Updated Aug 10, 2022 | Same topic: Latest Consumer Reports

Getting your own fuel-efficient ride just got easier.

With fuel prices constantly on the rise these days, it’s time to consider more efficient forms of mobility. One option to consider is getting a hybrid vehicle, something that Toyota Motor Philippines (TMP) and PSBank are keen on helping you out with by providing lower rates compared to standard loans. 

Attendant pumping gas

It's time for more fuel-efficient means of mobility, if you don't have one yet

The duo has partnered up for the “Say Hi To Hybrid Auto Loan” promo, which aims to make hybrid electric vehicles (HEVs) more accessible to potential buyers looking for efficient yet reliable means of transport. 

HEVs offer the best of both worlds, featuring the power of a combustion engine with the efficiency of an electric motor powered by a self-charging battery. Not only do they help reduce fuel consumption, but they also cut down on emissions for a cleaner environment. Plus, they don’t require an external outlet. 

Toyota Corolla Altis Hybrid

The Toyota Corolla Altis Hybrid is one of the models offered under the Say Hi To Hybrid Auto Loan promo

Notable examples of HEVs include the Corolla Cross Hybrid V 1.8 CVT compact crossover and the Corolla Altis Hybrid 1.8 V CVT compact sedan, both of which happen to be offered under the promo. Apart from the reduced rates, customers will also benefit from free comprehensive auto insurance for one year when buying either of the two Toyota hybrid models through PSBank Auto Loan. 

According to TMP First Vice President for Marketing Division Sherwin Chua-Lim, the automaker is excited over the partnership. “With the special offer, we hope to encourage more people to live a more sustainable lifestyle on the road, one hybrid ride at a time.”  

Toyota-PSBank promo

Interested buyers can avail of the promo until August 31, 2022  

“Many people are now shifting to a more sustainable lifestyle and we at PSBank want to further empower them by making owning a Toyota HEV easy and affordable through our Auto Loan facility, special rates, and free one-year insurance,” said Emmanuel Tuazon, Senior Vice President and Marketing Division head for PSBank. 

“Together with Toyota, we serve two purposes: giving an excellent deal and doing our share in saving the environment,” he added.  

The “Say Hi To Hybrid Auto Loan” promo runs until August 31, 2022. Interested buyers can get more information by visiting the nearest PSBank branch, logging on to the PSBank website, or following PSBank’s official Facebook page.   

Get wind of more enticing car promos at

Know more about Toyota Corolla Altis 2023

Toyota Corolla Altis

The Toyota Corolla Altis is Toyota Motor Philippine’s entry into the compact sedan segment. Currently, this model has four available variants. There's the Corolla Altis E 1.6 CVT, the Corolla Altis G 1.6 CVT, the Corolla Altis V G-RS 1.6 CVT, and the Corolla Altis V 1.8 Hybrid CVT. These come with a price ranging from Php 1,054,000 to Php 1,665,000.

There are two engine options for the Corolla Altis. For the midspec G and entry-level E, they use a 1.6-liter inline-4 gasoline engine that makes up to 121 horsepower and 153 Nm of torque. The top-spec V trim meanwhile, gets a 1.8-liter hybrid engine that can deliver 121 horsepower and 207 Nm of torque.  

For transmissions, all of this model’s variants use a continuously variable transmission. 

Size-wise, the Toyota Corolla Altis comes with a length of 4,630mm, a width of 1,780mm, and a height of 1,455mm. It also has a wheelbase length of 2,700mm, and a ground clearance of 175mm. 

In the local market, the Toyota Corolla Altis mainly competes against the likes of the Honda Civic, Mazda3, MG 6, among others. 

₱ 1,054,000 - ₱ 1,665,000

Joseph Paolo Estabillo

Joseph Paolo Estabillo


Joseph holds a degree in Journalism from the University of the Philippines Diliman and has been writing professionally since 1999. He has written episodes for CNN Philippines' motoring show Drive, and has worked on corporate projects for MG Philippines and Pilipinas Shell. Aside from being’s Content Lead, he also writes content for numerous car dealerships in the U.S., spanning multiple brands such as Alfa Romeo, Chrysler, Dodge, Jeep, and Maserati, among others.


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